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CW-Bali | 12 Months Ended
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Dec. 31, 2019
CW-Bali |
CW-Bali | 22. CW-Bali Through its subsidiary, CW-Bali, the Company built a seawater reverse osmosis desalination plant located in Nusa Dua, one of the primary tourist areas of Bali, Indonesia. CW-Bali’s sales volumes were never sufficient to cover its operating costs and CW-Bali incurred net losses each year since commencing operations in 2013. The Company’s net loss from CW-Bali for the year ended December 31, 2018 was approximately ($218,000). In June 2019, the Company sold its CW-Bali assets and stock for $365,000 and $25,000, respectively. Such sales are included in gain on asset dispositions and impairments, net in the accompanying consolidated statement of income for the year ended December 31, 2019.

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